The USDA announced $1.4 billion in USDA loan guarantees to improve the delivery of electric power to rural communities in 21 states. The announcement includes $106 million for smart grid technologies and $3 million for renewable energy programs and systems.
The USDA announced a new state-by-state report illustrating the impact of USDA investments in rural communities.
Iowa Workforce Development agency reports the state’s unemployment rate rose to 4.6 percent in September from 4.5 percent in August.
According to the Congressional Budget Office (CBO), the federal government ran a budget deficit of $589 billion for the first 11 months of fiscal year 2014.
With the end of the federal fiscal year nearing, the U.S. House and Senate approved a continuing resolution to extend funding for the federal government through December 11, 2014.
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The fund will allow a wide variety of new participants, including pension funds, endowments, foundations, and other institutional investors that have not traditionally had access to these markets to invest in rural development.
The U.S. Department of Energy (DOE) provided $167 million toward the first commercial-scale carbon capture retrofit project on an existing coal-fired power plant in the U.S.
The Iowa Department of Cultural Affairs will begin accepting applications August 29 from communities and regions seeking state grants under the Iowa Great Places program.
The U.S. Senate confirmed President Barack Obama’s appointment of Norman Bay and Cheryl LaFleur to the 5-member Federal Energy Regulatory Commission (FERC) earlier this month.